they were essentially asleep at the wheel. depositors ultimately were holding the bag. so they had to put a ring fence around this. but this is i think it shows especially in tech you will really now see a much different environment going forward in the startup and vc community. it was so interesting because you could see at the same time the portfolio of the bank lost all its value because interest rates were going up, and businesses were burning cash. and they had to withdraw money, not deposit money. so it was a complete game change. is it a sign of a slowdown in tech, is that part of the problem? and i think that it will accelerate. what the fed wanted to happen is sort of happening in tech and this will be a major wake-up call in terms of these companies spending money like 1980s rock star, it will be a whole different environment now. and i think this is almost a semi black swan event. maybe not what the fed wanted
requiring of taxpayer funded rescues. tough rules to stop that happening again are now being reviewed or bent. the banks have being reviewed or bent. tue: banks have become being reviewed or bent. tte: banks have become much healthier, financially, since 2008. we put in place a process so that financial issues can be resolved, which we didn t have before, but on that basis, we also want to make sure they can compete with other financial centres, whether it is the united states or asia. among 30 reforms announced united states or asia. among 30 reforms announced today - united states or asia. among 30 reforms announced today were i reforms announced today were plans to reconsider which banks really need to separate or ring fence their retail operations from the riskier investment divisions, review rules on approving or punishing individual senior executives, which have delayed or scared of hires from abroad, and these reforms come on top of measures already announced to scrap and eu
peeple employed years. there are actually1 million people employed in years. there are actually1 million people employed in financial - people employed in financial services, notjust in london and the city. they are spread across the country, in edinburgh, belfast, leeds and bournemouth. we want to continue creating jobs across the united kingdom. today s reforms will mean the industry remains competitive. we can create more jobs but of course this will always be a safe place where consumers will be protected. safe place where consumers will be rotected. ~ . u, safe place where consumers will be rotected. . , ., , protected. what can we expect? plans to scra an protected. what can we expect? plans to scrap an eu protected. what can we expect? plans to scrap an eu imposed protected. what can we expect? plans to scrap an eu imposed cap protected. what can we expect? plans to scrap an eu imposed cap on - to scrap an eu imposed cap on bankers bonuses have already been announced.
out, full on banned abortion in its entirety in every state in the country in every instance? well, it s a draft decision and it doesn t really get into the issue of what the federal government s power i think would be in this area. so i think it certainly leaves that open, as a possibility. there might be other obstacles to that, like the legislative filibuster we still have, at least for the time being, in the united states senate. but there are points at which alito tries to suggest that this won t bring all of the scenery down, that we move away from abortion to other privacy-based rights such as contraception right, like gay marriage. he does try to ring fence this opinion and say all we re talking about is abortion. he mentions that several times. and he suggests that it shouldn t be stretched into other areas. that said, i m old enough to know that the court many times has said don t try to apply our opinion on x, to the situation
0 always had an interest in the court. it s sort of a resting moment, because the code of a maritime on that institution is so strong, and so powerful, the both the substance of what is being leaked, here in the both the substance of what is being leaked here and then the communicative signaling happening in the fact of the leak is a very, is almost sort of emotional at some deep level because of what it signifies. yeah, and i mean when you re just speaking with erica, you booked her today to talk about the new reporting that republicans in washington have been debating and planning, on proposing a nationwide abortion ban, you know, a six-week abortion ban which is effectively a complete ban on abortion in the united states, and if this ruling is going, we re going into a midterm season, where the republicans are poised to take the house and the senate, then, you know, president biden is still president biden and he will presumably veto such a measure, but in the event that we have a